Skip to main content

About your Search

20130106
20130106
STATION
CNNW 5
CSPAN 2
FBC 2
MSNBCW 2
KGO (ABC) 1
KNTV (NBC) 1
WTTG 1
LANGUAGE
English 18
Search Results 0 to 17 of about 18 (some duplicates have been removed)
ceiling. democrats won permission to spend more money in march. congresshas the constitutional authority to set our debt ceiling and has agreed to raise it. watch for a big fight as republicans try to insttitute some sort of fiscal sense that democrats resist. the big events, but there is another one that happened today that congress did not pass a resolution to recognize that happened. you probably already know about it. the payroll tax has expired, and if you et your first paycheck today says the fiscal cliff, well, watch out. you may be shocked by then nearly 50% increase in the tax. the social security withholding tax reset. for middle-class american families earning $50,000, that means at least in $800,000 tax hike, maybe as much as a thousand bucks. if this is the first shot of about, it's not going over too well. here's what people are saying on twitter. if you're asking why my pacheck is less this week, is because you got what you asked for. on it. why is my pacheck bless thi we? because obama loves to penalize the makers and redistribute to the takers. it gets worse. on and on a
. democrats and republicans are set to clash again over raising the u.s. debt ceiling. back in the old days, the u.s. had a snl where every time a bill involving money was passed, the treasury had to raise money for by issuing bonds. the debt ceiling law was given the u.s. treasury the flexibility to borrow money. it had nothing to do with spending control or debt control. it was a technicality. most functioning countries don't have any such thing because they understand that if the government spends the money. it has to pay the bills. republicans seem to think that the debt sealing is a good tool to limit how much the government spends, the current debt ceiling was hit on december 31st, but like last time, the u.s. treasury is using extraordinary measures to ghet get it through and sometime late february, early march, they might. if congress doesn't act by then, the government risks not being able to pay some bills. if that's not enough. by march 1st, we could be heading off the sequester cliff. that's because the fiscal cliff deal that passed last week put off what to do with government s
that lower the avalanche of spending. >> raising the debt ceiling and raising objections over former republican senator chuck hagel. the president's expected choice for defense secretary. our conversation with senators dick durbin and lindsey graham. then, learning the ropes with two freshmen, democratic senator democrat heidi heitkamp and republican senator richard hudson and plus can either party compromise and keep hard core supporters on board, neera tannen, stephen moore of the "wall street journal" and jackie calmes of the "new york times" and our own dana bash. you knows what happens when sis fuss rolls that boulder to the top of the hill, it rolls back down, a piece of greek mythology that brings to us the reality of the u.s. congress. it got a deal that raises taxes on the upper brackets and prevents for now huge spending cuts. it's moved on to the issue of avoiding a u.s. default. >> the president needs to show up early this time. >> republicans say they are done raising taxes. they want the president to agree to spending cuts in exchange for raising the amount of money the
not be able to negotiate the debt ceiling. >>> and the press democrat has "health care rates spike," it's about health care companies seeking big premium increases for customers even though one of the biggest objectives of the health care law was to stem the loss to consumers. >>> and the mail tribune in medford, oregon, has this headline. "despite our best efforts, folks keep moving here." it's about how national migration statistics show oregon is the second highest place where people keep moving. only washington, d.c., is higher. >> the level of dysfunction in the house of representatives on the respect an sirepublican side same week we're supposed to provide victims of superstorm sandy, they're all suffering. a bipartisan bill passed in the senate of over 60 votes, republicans and democrats, to provide the $60 billion in relief debt. governor cuomo and governor christie, both republicans, said we need. the republicans in the house would not allow that bill to come to a vote. >> new debate over controversial gridlock in congress after republicans stalled a vote to approve billions in
to raise this debt ceiling without a one-to-one corresponding spending cut. the number two democrat in the senate said i will talk about anything, but i don't want to do this last-minute stuff. republicans are saying we are done with tax hikes, that was done in the fiscal cliff deal. we are not doing any more tax hikes. senator durbin says there are more tax hikes probably looning out there for the wealthy. this may sound very familiar 'cause it's pretty much the same argument they have been having around other fiscal issues for two years. >> right. but it could be a more fervent one. we will see. >> yes. yes. >> kansi crowley, as always, a weather. >> thanks, martin. >>> the president is also expected to fail couple other key cabinet posts. already said that senator john kerry is his pick to replace hillary clinton when she steps down as secretary of state kerry has support among republicans and he should, underline should, have a relatively easy ride through its confirmation process. white house chief of staff jack lew is considered to be a front-runner for treasury secretary. tim
for another fiscal show down over the borrowing limit. democrats say congress must raise the debt ceiling to pay the bills. republicans insist any debt hike should be accompanied by spending cuts. >> my idea is to have a comprehensive view. we talk about tax simplification and fairness as something we should be engaged in long before the fights came along. now we have a chance to do that with a heightened awareness bit public on why we need to do certain things. let's put on the table what it is we can in order to increase revenue. >> it underscores the appetite for more taxes on the other side. we resolved the tax issue a few days ago. everyone taxes are going up because that is how the law was written. a few days ago 35 percent of -- 95 percent of senate republicans voted for tax release for the american taxpayers and not a single republican senator voted to raise anyone's taxes. >> molly is covering this live from washington, dc. what is the latest? >> rather than private negotiations president obama is drawing public lines in the sand over fiscal fights ahead trying to win over americ
they can do that through the debt ceiling. as we said that is a problematic lever. in an odd way, something very rare happened with this fiscal cliff deal t reduced the leverage of either side, the republicans or the democrats to move forward, i think, on the side of the debt crisis irk debt challenge that they think is necessary. >> yeah, i agree. ron brownstein, as always, we appreciate the insight. thanks. >> thank you. >>> well, when north dame tykes the field for tomorrow's bcs national championship, there will be one very famous former player in the crowd. i got a chance to talk with the man who inspired the movie, "rudy." officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. >>> danny "rudy" rudiger became a household name after the the 1993 movie "rudy," tells the story of a working-class kid's struggle to get into notre dame and to make history. i spoke to him about tomorrow's championship between notre dame and alabama and
and those who did not -- taxes versus spending. but will those differences come up again in the debt ceiling debate? we have jeff duncan, a republican from south carolina, and representative elliot engle, a democrat from new york. gentlemen, thank you for joining us. representative duncan, you voted against the fiscal cliff deal. tell us why? >> absolutely. we are not in this situation in america with our economy and our government because we have under-taxed americans. we are here because we spend too much money. this plan had over $40 of tax revenue increases for every dollar that was cult. it should be $44 for cuts fur every dollar increased. >> you voted for the deal, wiam sure, reservations, as many have excess expressed? >> you either accept the deal or go over the fiscal cliff. and going over the fiscal cliff is not something this country needs. the repercussions would have been horr endous and the stock market would be plummeted. we were caught between a scprok a hard place. so i voted for t. now we have two more months until we get to the same type of fiscal cliff again. the grand p
up for the debt ceiling battle. >> and balanced plan that would cut spending in a responsible way. it always asks the wealthiest americans to pay a little more. and above all, protects our middle class and everyone striving to get into the middle class. >> he promise add fair chance for the milling class, but under the new deal middle class workers will take a bigger percentage hit on their paycheck. charlie gasparino on the impact the fiscal cliff deal will have on every american. >>> plus, he was 11 years old and hungry when he asked her for money on the street. she didn't give him money but something much more valuable that has lasted more than 25 years. ladies and gentlemen, governor mike huckabee. [applause] >> thank you very much. a great audience for this new year. and happy new year to you. welcome to huckabee from the fox news studios in new york city. well, it is hard for me to come up with a proper superlative to express the disgust i got with president obama and the congress. the gamesmanship and stagecraft that they substituted for statesmanship by rushing through a l
taxes but did they give republic upper hand on the next fiscal fight. gearing up for the debt ceiling battle. >> and balanced plan that would cut spending in a responsible way. it always asks the wealthiest americans to pay a little more. and above all, protects our middle class and everyone striving to get into the middle class. >> he promise add fair chance for the milling class, but under the new deal middle class workers will take a bigger percentage hit on their paycheck. charlie gasparino on the impact the fiscal cliff deal will have on every american. >>> plus, he was 11 years old and hungry when he asked her for money on the street. she didn't give him money but something much more valuable that has lasted more than 25 years. ladies and gentlemen, governor mike huckabee. [applause] >> thank you very much. a great audience for this new year. and happy new year to you. welcome to huckabee from the fox news studios in new york city. well, it is hard for me to come up with a proper superlative to express the disgust i got with president obama and the congress. the gamesmanship and
that they have, which is the debt ceiling. maybe if there was more compromise between the democrats, mitch mcconnell talking about a one-term president and all that kind of stuff, but if they could work together, you would not see the republicans try to take these kinds of drastic measures. host: thank you for the call from california. guest: i have great affection for my friend here, jim manley, and he has great affection for harry reid, but i think harry reid has been a disaster as a leader. there is not -- they do not allow for real debate on the big issues. the fact that they have not passed a budget in three years in the senate is one of the most irresponsible acts. we need a budget more than ever. we need to have a sense of where the spending is going. we need a debate on the senate floor about this. we just have not had it because the senate majority leader is doing his best to shield his numbers front of votes. that is why he "builds the trees" before senator mcconnell has any chance to build any real debate on things. i think that mcconnell and reid, both of them have to get toget
, and we know these three issues are coming up, the sequester, the debt ceiling and the continuing resolution to operate the government. why not sit down and not wait until the last minute to get these matters resolved? look, the biggest problem confronting the country is not taxes, it's spending. we don't have this problem because we tax too little. we have it because we spend too much. we now have a $16.4 trillion national debt, as big as our economy. that alone makes us look a lot like greece. this administration has driven spending from 21% of our economy up to almost 25% of our economy. we've got to stop using the credit card, and any opportunity we have to engage the other side in a discussion about quitting the spending spree, we're going to engage in. >> and the question is, how do you follow through on your strategy, and, you know, a lot of your allies are worried about that prospect. "the wall street journal" editorial page said "the political result would be far worse if republicans start this fight only to cave in the end. you can't take a hostage you aren't prepared to
the debt ceiling, one creditor dropped the nation's credit rating. the international monetary fund warns that another fight like that will affect the world economy. >>> it will soon be legal for some people to smoke pot in dc. the first medical marijuana clinics will open soon, and it's been a long time coming. medical marijuana was given a thumbs-up by district voters 15 years ago. now, it's about to become a reality, only if you live in the district and if you have a doctor's order. fox 5's bob barnard has the details. >> reporter: occupying that distinguished-looking bright blue storefront on north capital street just off new york avenue is a company called capital city care, getting ready to open its doors in a matter of weeks. what should be the first of four businesses in the city to begin legally selling marijuana. >> some of them will be open by early spring and the rest of them will be opening throughout the rest of the year, at which point qualified patients who have a doctor's recommendation will be able to purchase marijuana from these stores and take it directly home and use
's speech from yesterday, in which he said once you have spent it, have you an obligation to the debt ceiling, say terrific, we agree with you. and we're not going to spend it. >> let me go back to the senator for a second. as an independent voice, you said you'd caucus with the democrats, but as as an independent in the senate, how do you think you can have a real impact on these debates and on the strategy and on the politics? >> well, in the first couple of weeks that i -- after i was elected, before even being sworn in, i came down here and had a series of meetings with a variety of senators. i met with 30 different senators. i think it was 11 republicans and 19 democrats. and what i found was my peculiar status as an independent, i could have frank discussions with both sides without being viewed as a member of the enemy camp. and we talked, for example, a lot of the bill fufilibuster. i heard from both sides about that. and i feel i came up with a view that was more balanced than it might have otherwise been. i hope i can play that role. and that's certainly the role i hope to p
to be around the debt ceiling, and the image i want is not a bunch of people behind the president who are clapping for him, but members of congress, republicans and democrats behind the president clapping for the president because he signed a bill that will save all of us from a certain fate. and our fate is being sealed as i talk unless we make changes. we cannot survive on the course we're taking today. the good news is with some bipartisanship and presidential leadership, we still have time to turn around this country and actually dominate the 21st century. it's going to take some pain, it's going to take some sacrifice, but one final story. when i was 21, my mom died. when i was 22, my dad died 15 months later. we were in -- my family owned a liquor store, a restaurant and a pool room, and everybody i know about politics i learned in the pool room. my sister was 13. we had my uncle take over the businesses. he left the textile industry to run the businesses. we moved in with my aunt and uncle. they never made over $25,000, $30,000 in their entire life. if it weren't for social sec
Search Results 0 to 17 of about 18 (some duplicates have been removed)